GRUPO SIMEC, S.A.B. de C.V (SIM) Gross Margin (2015 - 2024)
GRUPO SIMEC, S.A.B. de C.V (SIM) posted quarterly Gross Margin of 273461.54% for Q4 2024, up 27343280.0% year-over-year from N/an in Q1 2024, and up 951563.43% on a QoQ basis from 28.74% in Q4 2023.
GRUPO SIMEC, S.A.B. de C.V (SIM) Gross Margin (2015 - 2024) Analysis & Trends
GRUPO SIMEC, S.A.B. de C.V has reported Gross Margin for 14 years, with the latest figure at 273461.54% in Q4 2024.
- Gross Margin for Q4 2024 came in at 273461.54%, up 27343280.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 28.29% (up 876.0% YoY), and the FY2024 annual result was 273461.54%, up 27343280.0% from the prior year.
- Gross Margin improved to 273461.54% in Q4 2024, from 28.74% in the prior quarter.
- Over five years, Gross Margin peaked at 273461.54% in Q4 2024 and troughed at 26.67% in Q4 2022.
- A 3-year average of 91172.31% and a median of 28.74% in 2023 frame the typical range for Gross Margin.
- The widest annual swing landed in 2023, when Gross Margin jumped 207 bps; it then surged 27343280 bps in 2024.
- A 3-year view of Gross Margin shows it stood at 26.67% in 2022, then grew by 8 bps to 28.74% in 2023, then soared by 951563 bps to 273461.54% in 2024.
- Per Business Quant data, the three most recent Gross Margin figures were 273461.54% in Q4 2024, 28.74% in Q4 2023, and 26.67% in Q4 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | 21.68% |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 19.56% |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 15.74% |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 28.09% |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | 2.53% |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 15.83% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | 16.96% |
| 10 | Worthington Steel | 1.74 Bn | 1.66 Bn | 118.80 Mn | 12.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 273,461.54% |
| Dec 31, 2023 | 28.74% |
| Dec 31, 2022 | 26.67% |
| Dec 31, 2019 | 11.22% |
| Dec 31, 2018 | 7.94% |
| Dec 31, 2017 | 14.22% |
| Dec 31, 2016 | 16.64% |
| Dec 31, 2015 | 4.98% |